B of A: “.. the $SPX achieved a new all-time high last week, but the A-D line, 5-day put/call ratio, the US high yield OAS, the Corporate BAA spread, and new 52-week highs did not confirm this new high on the SPX. These negative divergences are a tactical risk for US equities in… pic.twitter.com/INPH6sVApL

EVERCORE: “.. we think it is not out of the question that $NVDA can ultimately become a 15% weight in the S&P 500.” $SPX pic.twitter.com/JbPxlfxfW6

Utilities sector outperformed today, boosting its YTD rank to third place; YTD laggards Cons Discr and REITs also did well today (but latter still down this year) … Russell 2000 Growth outperformed relative to peer indexes but continues to lag YTD, especially compared to its… pic.twitter.com/7YolwYVpWS

When breaking S&P 500 into deciles (10 groups of 50 stocks each), only decile that’s posted gains QTD is first decline (largest stocks in index); not a perfect distribution, but QTD, smaller stocks = weaker returns; decile containing 50 smallest stocks -10.3% QTD @bespokeinvest pic.twitter.com/TfBM4GjB2b